What surprises me is that by a 2 to 1 margin 488 owners are moving to the F8 vs 458 owners.
Yeah but 3/4 of all owners are staying put. Are we at the point that latest and greatest isn’t all that great?
I think it's rather logical - most people valuing (or understanding ) the benefits of the improvements of the F8 are the ones who valued the benefits of the 488, so most of them do not have a 458. People not recognising the value of the 488 have limited reasons to suddenly acknowledge the value of the F8, since the 488 and the F8 are on the same path of improvement.
This may be the best sounding V8 from Ferrari going forward with all the Euro regulatory requirements so let’s enjoy this ‘tragedy’
Agree. Most 458 owners who would not move to a 488 ( as routinely highlighted on this forum) are unlikely to move to an improved 488 ( F8 )
Test drove the F8 Better looking and perhaps overall 10% better than a 488 all things considered but not enough to make the change. Opted instead to move on to an 812S- the performance,sound and looks are all there-I no longer miss my 458 Sent from my iPad using FerrariChat.com mobile app
Test driving one on Wednesday, but if I make a change it will be for an F8 Spider. I’ll have a much better idea around the end of next week.
For me the looks and huge increase in performance make it worthwhile to move from my 458 to the F8. And I like the updated interior.
This. I don’t think I will exchange my 488 spider for the F8 as I don’t think the jump is significant enough for the price. I jumped at the 458 over my 430 and did the same with the 458 to the 488. I think the F8 is just too similar to the 488. I enjoy the power 0-60 in 3 seconds. To spend another 150 k to shave off 1 tenth of a second. I’m not seeing it. Disclaimer: I do not track my cars so maybe I’m missing something but I don’t think so. Best , Kirk.
I think you will be very happy in the performance change from the 458 as I was when I bought the 488 spider. I would probably do the same. Congrats. Best ,Kirk.
I'm not sure performance is the only factor these days, I remember when performance was everything but, now its more about fun factor for these types of cars. I won't sell my 458 spider as it has pure fun factor for me but equally I will add an f8. There is no doubt bang for buck 488 looks like great value but, with such a crowded marketplace full of good price exotica it's so hard to choose. I keep thinking now is the time to add maybe 4 or 5 cars but as each month goes past price seem to be reducing, I still can't see what is going to stop the slow slip so I'm still waiting to go on that spending spree. Good luck all and make sure u enjoy it to the max Sent from my CLT-L09 using FerrariChat.com mobile app
I agree too. Values do keep dropping. There are a crap load of choices and an influx of cars to be had. There isn't any official release from Ferrari, but here's my guess. There was a recall for a trunk latch problem that affected 3082 cars in North America, built between March 5, 2010 and May 20, 2013. Typically, NA accounts for 30% of worldwide Ferrari sales. So, in 3 years, around 10,000 458s would've been built. Therefore by 2015, around 15,000 units would've been built, as demand decreases over time. That's 15,000 458's in 5 years! That's a lot.
Prices of the 458 in Europe remain largely unaffected by the launch of the 488 and F8. Bought mine in Germany more than 4 years ago, and prices remain the same today. It seems to be a different story in North America, don’t know why, but different markets driven by different customers valuing different things, end up behaving differently. On a different topic, I agree in general that for 488 owners, the premium asked for the F8 is hard to justify. But imho, it is a sharper and louder car than the 488. It’s a matter of taste and financial availability. No wrong answer here: I completely understand a 488 owner sticking with his car, not being tempted by a F8, and I do get trading a 488 for a F8 if you can. I felt tempted by the F8 in a way I didn’t feel when the 488 was presented, but in the end of the day, there’s no shortage of turbocharged supercars to choose from, and naturally aspirated V8 engines in Europe are dead and buried six feet under. As long as that’s the case, I’ll keep my 458 and take my time choosing its next garage partner. Kind regards, Nuno.
I guess 4 years ago today's price of a 2015 458 bought a 2011 458 - so prices did actually drop for the 458 (in 2016 a 2015 458 was almost a new car and should sell for close to its new price).
True in a sense, although the biggest depreciation chunk happens in the yearly years of a car’s life. But I understand your argument and the sound logic behind it. I was merely pointing out that if I wanted to buy a 458 today, I would pay roughly the same. What surprised many I believe, was the 458 value flatlining somewhat quicker and in a higher plateau than most expected, given the Ferrari V8 models’ price evolution that preceded it. Kind regards, Nuno.
It also depends on the number of owners and mileage of course. I look at 2012 cars and low milage (<20k) are still around 160k euro whereas higher mileage cars are indeed around the 130k mark. Yet I feel better buying the 1 owner low mileage at 160k; maybe I'm wrong.
Drove a demo F8 a second time the other day. Still not sold. The lack of sound? Something about it is not clicking yet and it bugs me because I love the looks, and on paper I want to love it.
Finally drove the F8 coupe today, seems like a great car to go alongside my 458, dealer thought it will be a shorter production run then normal and confirmed F8 is last v8 non hybrid. For me I am really into petrol motors so want to take the once in a lifetime opportunity for me to buy the last of the 100% petrol v8 ferraris. Will be a story to tell in years to come and hey its only money just work harder and smarter to earn more Sent from my CLT-L09 using FerrariChat.com mobile app